You'll won't have the easiest of times telling a good deal on storage in Winston Salem from a great one if you don't know what storage in Winston Salem usually rents for. Storage prices can shift dramatically from one city to another, so knowing the standard for a specific area can be difficult without prior experience booking storage there. That's why, in order to help you go into your storage search as knowledgeable as possible, we've had our storage analysts go over all the data on Winston Salem we have available.
Storage businesses in Winston Salem rent out their units at an average price of $36.75 a month. At that rate, staying in a unit for a year would cost about $441, in case you need storage for a long period of time. Don't, however, put too much weight on that number, as it does not discriminate by unit size. Units of different square footage can go for hundreds of dollars more or less than others, even in the same storage facility. The standard sizes of storage units in Winston Salem are: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. Here are the average monthly rental rates for each size:
|Storage Unit Size||Average Price in Winston Salem, NC|
Certain areas of Winston Salem can be significantly cheaper or more expensive for storage than others. You'll find the best prices on storage in the 27105 ZIP code, which averages $73.36 a month for a storage unit. You probably won't be finding the best deal on storage in the 27106 ZIP code in Winston Salem, which with an average price of $104.34 a unit is the most pricey place in town.
When it comes to finding self-storage, the more really is the merrier: more storage businesses in your area means more unit options available, and more options mean a greater chance you'll be able to choose a unit that satisfies your storage needs. How many facilties are operating in Winston Salem?
According to our estimates, there are approximately 2 storage businesses operating facilities in Winston Salem. How does Winston Salem compare to other cities in North Carolina in terms of number of facilities? Not well at all: the average city in the state has 10 listed facilities, a significant 8 more than Winston Salem's 2 facilties. To put it into more perspective, that's only 0.29% of the facilities in North Carolina listed on our storage network, which places Winston Salem as only the 63rd largest city in terms of storage business count out of all 70 cities in North Carolina. In addition to having few facilities compared to other cities in North Carolina, Winston Salem also offers a below-average number of storage facilities compared to other cities across the nation: 7 fewer than the national average of 9, to be precise.
Since, however, there are huge disparities in population between Winston Salem and other cities in North Carolina, comparing the number of storage businesses in each tells us very little. Approximately 232,385 people live in Winston Salem, NC. Is that a large population for a city with 2 self-storage facilities, or a small one? Winston Salem's 2 facilities put it under most other cities of similar size, as it turns out. For cities with the 100,000 to 250,000 population group, the average number of self-storage facilities is 18, which of course is 16 more than can be found in Winston Salem. Winston Salem, it seems, is lacking in extra storage space. When we next look at Winston Salem's actual per person self-storage facility count, our former conclusions seem to be substantiated beyond any reasonable doubt: the Winston Salem community has few facilities for its size. With 2 storage businesses serving a community of 232,385, Winston Salem ranks in the 0th percentile for facilities per capita in cities nationwide. In other words, there's not a ton of extra storage space in Winston Salem, which may make your search for the perfect unit a more trying task. Perhaps if we only compare Winston Salem to other cities in North Carolina it might appear to have more storage space? Unfortunately, even by that measure it does seem as if Winston Salem offers relatively little space, as it places in the 0th percentile for per capita storage facilities in North Carolina.
As storage prices are closely tied to local real estate prices, it makes sense that rental rates can often differ substantially even in neighboring cities. That's why those looking for the best deal on a storage unit should expand the area of their search as far and wide as possible. To some, the greater distance to the facility is worth the greater savings. But on the other hand, if we can show that self-storage (commonly known as mini storage or public self storage) is cheaper in Winston Salem than its surroundings, there's no reason to waste time looking elsewhere.
Winston Salem's average price of $36.75 a month for a unit ranks it as the 61st most expensive city for self-storage in North Carolina, which itself ranks as the 29th most expensive state for storage. In more exact terms, storage in Winston Salem costs an average of $27.07 less than the average storage unit in North Carolina, which goes for 63.82.
While average prices will give you a good idea of how much you should expect to spend, they don't necessarily tell us if storage is relatively affordable in that city. In order to establish some kind of index of affordability for Winston Salem storage, we've developed a 'relative price' scale which takes the cost of living in terms of state median income into account. A storage unit in Winston Salem will on average cost 0.98% of a median earner's monthly income, given that the yearly median income in North Carolina is $45,210.00. As a percentage of the local median income this is actually a very cheap price to pay for self-storage. Indeed, when compared to other cities in North Carolina, the relative price of self-storage in Winston Salem ranks at the 7th percentile.
If we measure according to the national scale and compare it to cities across the country, self-storage rates in Winston Salem are still very cheap, ranking at the 14th percentile in terms of relative expense. The national average monthly price of a storage unit is $72.15. Depending on the size of unit you rent and the time of year, you should expect to pay approximately $35.40 less than that for self storage in Winston Salem.
Winston Salem, NC self storage typically costs between $40 and $176 a month. Storage is currently in stock.
If you’re considering buying/selling a home instead of renting, it’s crucial to find a storage unit that will last you through the purchase or sale process. Especially when, according to Zillow, Winston-Salem had an average home value of $129,500 which in the past year is up 0.016%.